In these challenging and uncertain times, it is imperative to hold on to your key people. Erik Berggren explains how to implement effective talent and performance management techniques, to ensure you retain your most valuable assets.
Confusion, frustration, paralysis – these are all symptoms of uncertainty. Whether the cause is mixed signals from managers, or pressures of a changing business environment, uncertainty affects both individuals and the organisation. Empowerment is the cornerstone of effectiveness in modern businesses. Strong talent management is imperative to managing this uncertainty, and we are in uncertain times.
Of course, organisations need their best people the most during times of uncertainty. The cost of a highly-trained individual voluntarily walking away is huge. The company loses all of the investment and suffers loss of productivity.